Energy & Science
Europe’s Coal Giants Lag in Effort to Reach Net-Zero, Says Study
- Region’s utilities haven’t reached key milestones: report
- IEA roadmap helps point to deficiencies in coal strategies
Piles of coal next to cooling towers at Uniper SE's coal-fired power station in Ratcliffe-on-Soar, U.K. on Thursday, Dec. 2, 2021.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Europe’s coal utilities aren’t on track to reach their emissions-reductions goals in time to achieve net-zero status by 2050, according to a new study by climate groups.
None of the 21 companies analyzed have plans to realize all of the key milestones needed to attain the goal, said the report by campaign group Europe Beyond Coal and Ember, a think tank that advocates for the transition away from coal. Sixteen have pledged to reach net-zero by mid-century, it added.